IPOday.com is a media company that distributes information about IPO investing and other major events in the world of finance. We publish information about initial public offerings in North America, as well as the latest from overseas when companies go public on international stock exchanges. It’s our mission to empower people with investment knowledge by […]
The Facebook Initial Public Offering was gaining a measly 0.61%, to $ 38.23, from its starting price. Facebook’s first IPO day of trading on the Nasdaq did not give rise to the surge in the stock that some observers were anticipating. By comparison, professional networking site Linkedln closed its first trading session up 109%. Social […]
In a bold move that underscores his confidence in the future of hedge fund management, billionaire investor Bill Ackman is setting the stage for an eventual Initial Public Offering (IPO) of his firm, Pershing Square. This decision marks a pivotal shift in how investment firms view public markets and investor accessibility. Raising Capital and Valuation […]
ContextLogic Inc., the parent company of the e-commerce platform Wish, made its public debut on December 16, 2020, with an initial public offering (IPO) price of $24 per share. The company, known for offering a wide range of affordable products, quickly became a favorite among retail investors, especially during the meme-stock craze of early 2021. […]
Ibotta Inc., a leader in digital promotions, files for an IPO with the aim to raise $543 million under the symbol IBTA. Leveraging a unique success-based marketing model and strategic partnerships, Ibotta boasts impressive revenue growth and profitability ahead of its NYSE debut. The company’s scalable model, tapping into the lucrative CPG market with AI-driven consumer experiences, presents substantial growth opportunities and promises investors a stake in an innovating sector.
UL Solutions Inc., a leader in safety science, is entering the public market with its billion-dollar IPO, offering 28 million shares at $26–$29 each. With a legacy dating back to 1894, the North America’s largest TIC services provider is using the IPO to invest in R&D and global expansion. Investors have the opportunity to be part of UL’s strategic growth in safety, security, and sustainability, expecting to capitalize on the company’s consistent financial performance and innovative outlook.
Reddit’s IPO seeks $748 million, offering 22 million shares at $31-$34 each, aiming for a $6.4 billion valuation. Prioritizing its community, 8% shares are reserved for users, despite profitability challenges. Post-IPO, Reddit plans to grow revenue through advertising and data licensing, amidst content moderation and monetization issues. The tech world watches as it balances community values with market demands.
The IPO market has been unusually quiet in the weeks leading up to Thanksgiving, with no big IPOs imminent. Factors such as poor stock performances, high interest rates, low valuations, and underwhelming recent IPOs have discouraged potential market entrants like Waystar and Panera Bread. Companies are now facing challenging choices, including probable IPOs with reduced valuations, staying private with similar valuation cuts, or considering mergers. Despite the current standstill, a market turnaround could potentially spur increased activity.
The technology IPO market is facing a drought, with companies like Turo, Reddit, and Instacart delaying their public debut despite the Nasdaq’s notable come back. Only 10 companies managed to raise over $100 million in initial share sales during the first half of 2023, significantly less than the 517 observed in the same period last year. Economic uncertainties, investor caution and a discrepancy between past and present valuations are contributing factors to this stagnation.
An initial public offering (IPO) is when a company first sells shares of stock to the public. Here is an article to explain Why Invest in IPO. Investing in IPO stocks can be a great way to get in on the ground floor of a potentially successful company. Why Invest in IPO One of the […]